Jo Woodward Solem Memorial Foundation
Jo Woodward Solem Memorial Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KENT, OH. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 13 grants totaling $137K. Net investment income was $191K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.8M
+2.8% YoY
Annual Giving
$137K
+18.5% YoY
Grant Count
13
+44.4% YoY
Avg Grant Size
$11K
-18.0% YoY
Under IRS private-foundation payout rules, Jo Woodward Solem Memorial Foundation reported a distributable amount of $138K for 2024 — the minimum it must pay out in qualifying distributions.
About Jo Woodward Solem Memorial Foundation
Based on IRS filings
Jo Woodward Solem Memorial Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KENT, OH. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 13 grants totaling $137K. Net investment income was $191K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,819,324 | $2,743,587 | $2,502,015 |
| Revenue | $241,990 | $74,107 | $182,278 |
| Expenses | $210,304 | $183,666 | $418,669 |
| Qualifying Distributions | $159,506 | $136,464 | $371,014 |
| Net Investment Income | $191,192 | $26,905 | $134,623 |
| Distributable Amount | $138,047 | $128,881 | $134,139 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University Hospitals ($40,000), Wick Poetry Center - Kent State University ($25,000), Family & Community Services ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHILDRENS ADVOCACY CENTER OF PORTAGE COUNTY RAVENNA, OH | GENERAL | $3,000 |
| CLEVELAND ANIMAL PROTECTIVE LEAGUE CLEVELAND, OH | GENERAL | $4,000 |
| EDUCATIONAL ARTISTRY MECHANICSBURG, OH | GENERAL | $5,270 |
| FRIENDS FIGHTING HUNGER RAVENNA, OH | GENERAL | $5,000 |
| HUNGER CHALLENGE RAVENNA, OH | GENERAL | $10,000 |
| KENT PARKS & RECREATION KENT, OH | GENERAL | $5,000 |
| RAVENNA SCHOOL DISTRICT RAVENNA, OH | GENERAL | $8,000 |
| UNIVERSITY HOSPITALS CLEVELAND, OH | GENERAL | $40,000 |
| WICK POETRY CENTER - KENT STATE UNIVERSITY KENT, OH | GENERAL | $25,000 |
| BEN CURTIS FAMILY FOUNDATION KENT, OH | GENERAL | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RUTH TROWBRIDGE | TRUSTEE | 5 | $22,736 |
| ROBERT RIGGIE | TRUSTEE | 5 | $22,736 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Jo Woodward Solem Memorial Foundation?
Jo Woodward Solem Memorial Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KENT, OH. It holds $2.8M in total assets as of 2024.
How large is Jo Woodward Solem Memorial Foundation?
As of 2024, Jo Woodward Solem Memorial Foundation holds $2.8M in total assets with $242K in annual revenue. It awarded 13 grants totaling $137K in 2024.
Where does Jo Woodward Solem Memorial Foundation operate?
Jo Woodward Solem Memorial Foundation has awarded grants in Ohio.
What size grants does Jo Woodward Solem Memorial Foundation award?
In 2024, Jo Woodward Solem Memorial Foundation awarded 13 grants totaling $137K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Jo Woodward Solem Memorial Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jo Woodward Solem Memorial Foundation reported a distributable amount of $138K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jo Woodward Solem Memorial Foundation's EIN?
Jo Woodward Solem Memorial Foundation's EIN (Employer Identification Number) is 20-7411378. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Jo Woodward Solem Memorial Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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